Jaguar Land Rover joins forces with Lyft

Car manufacturing group Jaguar Land Rover invested $25 million (£19.6 million) in American ridesharing startup Lyft in April. The investment comes after a string of controversial news about Lyft’s main rival, Uber.

The investment came from Jaguar Land Rover’s InMotion investment fund, which it uses to invest in technology companies.

Jaguar Land Rover says that it will supply Lyft with vehicles and plans to work together with the company.

Lyft will also let Jaguar Land Rover get its hand on its fleet of self-driving cars.

Sebastian Peck, the head of InMotion, said: “We are excited to collaborate with a leading platform like Lyft not only on developing premium mobility solutions but also devising innovative solutions to the transport problems Jaguar Land Rover’s customers face.

“Personal mobility and smart transportation is evolving and this new collaborative venture will provide a real-world platform helping us develop our connected and autonomous services.”